Find Family Support at Vet Centers â If you have served in ANY combat zone, local Vet Centers can help you and your family with readjustment counseling and outreach services â for free. Learn more about this OEF/OIF/OND benefit...
Par value. Par value is the face value, or named value, of a stock or bond. With stocks, the par value, which is frequently set at $1, is used as an accounting device but has no relationship to the actual market value of the stock.
The par value of a share of common stock is its stated face value. The issuer assigns a par value when a stock is originated; it is usually quite low--$0.01 or even $0. The par value is different from the current market price of the stock. In theory, if the market price of a stock fell below the par value, the company could be liable for the difference. The shareholders' equity portion of a company's balance sheet gives information about the par value of common stock. Par value equals the book value divided by shares outstanding.